The NIIP can be regarded as a nation's balance sheet with the rest of the world at a specific point in time / Photo from facebook.com/NationalBankOfUkraine

The negative NIIP value shrank by 17.5%, or $11.019 billion, to $52.104 billion, the NBU reported on its website.

In 2015, Ukraine's assets expanded by 2.11%, or $2.5 billion, to $125.095 billion, while the liabilities fell by 4.5%, or $8.424 billion, to $177.199 billion.

As UNIAN reported earlier, the negative value of Ukraine's NIIP in 2014 fell by 21.9%, or $16.832 billion, to $63.123 billion.

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The NIIP can be regarded as a nation's balance sheet with the rest of the world at a specific point in time.

A negative NIIP figure indicates that a nation's foreign liabilities exceed its foreign assets, while a positive NIIP figure indicates that its foreign assets exceed its liabilities.

NIIP includes foreign assets and liabilities held by a nation's government, the private sector and citizens.